North Dakota Petition for Appointment of Temporary Administrator in Order to Gain Access To Safe Deposit Box

State:
Multi-State
Control #:
US-01501BG
Format:
Word; 
Rich Text
Instant download

Description

Whether your will should be in a safe deposit box at a bank or elsewhere, such as with your attorney, depends on what your state law says about who has access to your safe deposit box when you die. The recent trend in many states is to make it relatively easy for family members or the executor to remove the will and certain other documents (such as life insurance policies and burial instructions) from a deceased person's safe deposit box. In those states, it might be a good idea to leave your will in the safe deposit box. However, in some states, it may require a court order to remove the will, which can take time and money.

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FAQ

In North Dakota, you can make a living trust to avoid probate for virtually any asset you own?real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

In North Dakota, there is no set minimum estate value for probate.

Die unmarried and intestate in North Dakota and your estate goes to your children in equal shares. If you don't have any children, then your parents are next in line. Finally, if you don't have a spouse, children, or surviving parents, then your estate will go to your grandparents, or descendants of your grandparents.

North Dakota has adopted the Uniform Probate Code, which allows a person to informally probate a Will and have a personal representative appointed without the necessity of a court appearance or a court hearing, as long as the proper forms are filed and the correct procedures followed.

In-person hearings are a required part of the formal probate process. Formal probate of an estate is a required court process when the validity of a will needs to be determined, there are objections to using the informal probate process, and when more than 3 years have passed since the date of death.

The personal representative shall pay taxes on, and take all steps reasonably necessary for the management, protection, and preservation of, the estate in the personal representative's possession. The personal representative may maintain an action to recover possession of property or to determine the title thereto.

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North Dakota Petition for Appointment of Temporary Administrator in Order to Gain Access To Safe Deposit Box